Why it pays to be cautious about real-time payments

Implementing real-time payments can have consequences for corporates who underestimate the impact of cash leaving their business more quickly. Even as solutions become cheaper to implement, corporates are being cautious.

It is tempting to see instant payments as all upside. On the way in, they help businesses manage their capital more efficiently and they reduce the need for expensive short-term financing. But they also mean cash is going out of the door that much faster, which can hurt the unwary.

The direction of travel is clear: the real-time payment market is worth about $26 billion to $28 billion, and analysts project a compound annual growth rate of between 16% and 35% over the rest of this decade.

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